Mortgage and Financial News From 2007-11-8 Page 16

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  • Bankruptcy Law Backfires as Foreclosures Offset Gains (Update1)

    Bloomberg - The House Judiciary Committee is working on legislation to let bankruptcy judges restructure home loans by lowering interest rates and reducing mortgage balances to reflect current market value. Banks including Washington Mutual ...
    2007-11-08 08:11:00

  • ECB's Trichet warns on "brutal" FX moves, holds rates

    Guardian Unlimited - ... market moves as the euro soars, and said the ECB was committed to keeping inflation under control after leaving interest rates ... German Finance Minister Peer Steinbrueck said the ECB's rate decision fitted with current situation, and would ...
    2007-11-08 06:45:00

  • Proliance International, Inc. to Broadcast Third Quarter 2007 ...

    Forbes - ... to obtain new customers or retain old customers or changes in the financial stability of customers, changes in the cost of raw materials, components or finished products and changes in interest rates. Such statements are based upon the current ...
    2007-11-08 05:33:00

  • AP Top News at 11:36 a.m. EST

    Newsday - Bernanke told Congress' Joint Economic Committee that the central bank is watching developments closely, but gave no signal that it's prepared at the current time to cut interest rates even further. House Readies Another Iraq War Vote ...
    2007-11-08 08:32:00

  • Fed chairman: Expect economy to slow

    Detroit News - Bernanke told Congress' Joint Economic Committee that the central bank is watching developments closely, but gave no signal that it's prepared at the current time to cut interest rates even further. Fed policymakers last week cut a key interest rate ...
    2007-11-08 07:21:00

  • Fed Chairman Sees Period of Slow Growth

    Chicago Tribune - Bernanke told Congress' Joint Economic Committee that the central bank is watching developments closely, but gave no signal that it's prepared at the current time to cut interest rates even further. Fed policymakers last week cut a key interest ...
    2007-11-08 07:35:00

  • No changes in European interest rates expected (RTÉ News)

    European borrowing rates should remain unchanged today when directors of the European Central Bank and Bank of England hold policy meetings amid fresh spikes in oil prices and the euro.
    2007-11-07 11:59:06

  • Rudd lying over 22% rates, says Costello (The West Australian)

    Labor leader Kevin Rudd is lying when he says interest rates reached 22 per cent when John Howard was treasurer, current Treasurer Peter Costello claims.
    2007-11-07 02:07:55

  • RBA hikes interest rates by 0.25% (The National)

    SYDNEY: The Reserve Bank of Australia (RBA) has lifted interest rates for first time during an election campaign and left the door open for a further increase in the months ahead.
    2007-11-07 03:59:27

  • McGuinty to Ottawa: Cut interest rates (Toronto Star)

    THE CANADIAN PRESS The loonie’s meteoric rise and Canada’s current interest rate policy may suit the “super-heated” oil-rich economies of Western Canada but they’re hurting Ontario, Premier Dalton McGuinty said today as he called on the federal government to cut the cost of borrowing money.
    2007-11-07 02:21:12

  • No change in eurozone rates (BBC News)

    The European Central Bank decides to keep interest rates in the eurozone at their current 4% level.
    2007-11-08 05:00:28

  • Giving thanks for your home -- and how to keep it

    Dublin Villager - ... the property or paid off the first mortgage. You may still lose your home, but it would not be through the foreclosure process, which will shatter your credit rating and make it difficult to get loans, insurance or even jobs in the future. The lender ...
    2007-11-08 06:31:00

  • NAB the first to raise home loan rates

    News.com.au - NATIONAL Australia Bank is the first of the big five banks to lift interest rates on home loans - and the lender is warning it may ... Mortgage repayments to rise The RBA’s latest rise of 25 basis points takes official rates to 6.75 per cent and ...
    2007-11-07 11:57:00

  • N.Y. serves subpoenas on Fannie Mae, Freddie Mac

    Miami Herald - ... in his investigation into what he claims are conflicts of interest in the mortgage ... pressured appraisers to provide inflated values that best served the lender's ... Fannie Mae and Freddie Mac were created by Congress to make home ownership ...
    2007-11-08 05:33:00

  • Czech Komercni Banka 9 month net up almost 20 pct on strong lending ...

    CNBC - ... comments from company officials) PRAGUE (Thomson Financial) - Czech lender Komercni Banka saw nine-month net profit jump almost 20 pct on the back of growing mortgage ... brisk this year, as tax changes and rising interest rates begin to make home ...
    2007-11-08 07:21:00

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